Remove Benchmarking Remove Numbers Remove Value-Added Analysis
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Everything You Wanted to Know about FP&A Best Practices

Fpanda Club

Benchmarking is an extremely powerful tool, but unfortunately, this kind of data, accumulated by consulting firms and professional associations conducting surveys and research on various adjacent topics, is not easily available or is highly fragmented. Only 25% of FP&A teams ’ time is devoted to value-added analysis.

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How to Reduce the Pain of Board Reporting

Planful

According to a recent benchmark survey by APQC, the bottom performers take 12 days or more to close the books and report their results to management. Then when a last-minute change is made to a number or comment, it must be manually updated in multiple places. The best performers are able to get this done in 5 days or less.

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Moving Financial Consolidation and Reporting to the Cloud – Webinar Recap

Planful

If the latter is the case, Planful recently held a webinar focused on how you can automate and accelerate the financial close, consolidation, and reporting process and free up more Finance time for value-added analysis. Consolidating financial results might sound easy on the surface, but it’s more than just adding up numbers.

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